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Manantial Group
In this Group: Leandra, Maria , Cornelia , Gladys , Nelly , Fatima , Silvia , Adriana , Claudia , Isabel , Irene *
* not pictured
The committee named “Manantial” (Spring) has set a goal for each of its members: to work in a spirit of cooperation so that they can reach the highest level of the program. This goal has enabled them to help their families.


Sra. Leandra is the group president. She has a small business located at the front of her house where she sells all types of products. Leandra attends to her neighbors from the area in a friendly manner. She also makes pastries and sells them in her business. Leandra is requesting a loan so that she can buy beverages, flour, eggs, oil, and other items.


All of the members strive to move forward and keep improving.

View original language description ↓
El comité “Manantial" tiene como objetivo de cada de una de ellas es trabajar, fomentar el espíritu solidario y llegar al nivel máximo del programa y por medio de esto ayudar a sus familias.
La Sra. Leandra es la presidenta del grupo, ella tiene un pequeño negocio frente a su casa, donde tiene todo tipo de productos y donde ella atiende amablemente a los vecinos del barrio, también hace masas y vende en su negocio.
Ella solicita el crédito para la compra de bebidas, harina, huevo, aceite y demás. Todas las miembros se esfuerzan por salir adelante e ir mejorando.

Additional Information

About Fundación Paraguaya

Fundación Paraguaya is a financially self-sustaining social enterprise that promotes entrepreneurship in urban and rural areas through microfinance, education programs, and more. Its focus on agriculture has helped many farmers boost their crop yields. And a number of other borrowers have taken out loans to start and grow social businesses that have helped deliver eyeglasses, medicines and other helpful services in their local communities.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Paraguay

  • $4,555
    Average annual income
  • 52
    View loans »
    Paraguay Loans Fundraising
  • $27,437,225
    Funds lent in using Kiva
  • 4,469.8
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of Manantial Group's $2,125 loan helped a member to buy beverages, flour, eggs, oil, and other items.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2012
Listed
Nov 13, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013